How does negotiating TC work between companies?

Apple bysbdq72n
Nov 13 13 Comments

Let's say I have 500K unvested RSU at my current job.

If I interviewed at another FAANG, and got an offer. Would they generally be up front about offering to replenish those unvested RSU with a sign on bonus? Or is that something I will need to negotiate?

Also, how does TC generally work? Do they tell you how much the refreshers are expected to be? I only interviewed with a new company when I left college for this job, and they didn't tell me shit about refreshers then.

edit: By "sign on bonus" I mean, equivalent RSUs at the new company. Not cash.

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TOP 13 Comments
  • Uber lBOk73
    They’re absolutely not going to pay out all your unvested RSUs as a sign-on, obviously. Sometimes a sign-on might be used to bridge RSUs that you’ve already “earned” but are shortly to vest, eg. at your cliff 1 year in, but at $500k it doesn’t sound like it’s just the first 12 months you’re talking about. They won’t pay for RSUs you haven’t “earned” yet just as they won’t pay salary you haven’t earned yet - that’s what your new comp is for.
    Nov 13 1
    • Jane Street Capital / Eng sinsivt
      This. Unvested RSUs are just income you haven't earned yet, except for when you're partway through a vesting period, in which case it would be reasonable to ask about a bump in the signing bonus equal to the earned but not vested RSUs.
      Nov 13
  • Amazon TDKU11
    Lol you will be in for a rude awakening
    Nov 13 0
  • Apple mrfacts
    You want 500k sign on?
    Nov 13 1
    • Dropbox / Eng brumdb
      Who doesn't?
      Nov 13
  • Apple bysbdq72n
    OP
    I guess this is why they're called golden handcuffs :(

    Why would you ever leave, if your income is going to drop drastically until you build up 4 years of RSUs again.
    Nov 13 2
    • Microsoft eito36
      you can get paid out, then join another company with rsu’s. so for the payout plus new rsu’s, there’s basically a time period where you are getting paid two salaries’ of rsus.
      Nov 13
    • Apple bysbdq72n
      OP
      What do you mean by "get paid out"?
      Nov 13
  • eBay nisama
    Step 1 join a company
    Step 2 leave after a month and ask unvested equity from company 1 as a sign on
    Step 3 leave company 2 and ask for company 3 a sign on equivalent to unvested equity from company 2
    Step 4 go back to step 2 with a different company

    infinite profit.
    Nov 13 1
    • New / Mgmt benefactor
      And to avoid paying the sign on back, make sure to read the terms (some have a 12 month or 24 month stay requirement)
      Nov 13
  • Apple bysbdq72n
    OP
    By "sign on" I meant RSUs at the new company. Not cash.
    Nov 13 0
  • Amazon lkmbbj
    Yelp Yelp Yelp
    Binkie binkie binkie

    Oreo
    Nov 13 0
  • Microsoft eito36
    definitely need to be up front about unvested RSU. recruiter will not ask. also it’s usually dependent on when it’s vesting. Vesting in a month? Why don’t you apply in a month. Vesting in two years? We won’t honor that.

    For refreshers they generally tell you the “max” refresher, with expected targets. aka, you’re base salary is 100K, with bonus up to 20%, target around 10%.
    Nov 13 0

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